Kirkpatrick MacDonald, an investment banker who is managing general partner, said the group was made up of him and several Western European partners.

I would still be managing general partner.

The second issue is whether or not he wants to be managing general partner.

Until 1992, he was managing general partner of Acadia Partners, with responsibility for managing a $1.7 billion portfolio.

Daniel McCarthy remains alive in his bid to be the Yankees managing partner, but he still has fences to mend and hurdles to overcome.

"A team doesn't very often get the No. 1 pick in all of baseball," said Robert E. Nederlander, the Yankees managing general partner.

Al Davis, the Raiders managing general partner, said the new kickoff rules will help his club because he has adept and quick return men.

Mr. Bush, oldest son of the president of the United States, was then managing general partner of the Rangers.

The organization is headed by Greg Luckenbill, who is managing general partner of a five-man ownership group.

"Maybe 17 years is enough to be managing general partner of the Yankees," Steinbrenner said at the news conference.